Hmmm... Consider that the recession can start up to 2 years before and it can end up to 6 years later (than the start of the presidency). Don't forget to forget the recessions that don't follow the pattern (https://en.wikipedia.org/wiki/List_of_recessions_in_the_United_States). This makes the match easier

Buffet said:" Every 10 year or so, there will be dark clouds showing up in the financial market and it will rain gold for a short period of time, and my job is to be prepared and capture as much gold as I could."

Buffet said in 2012/3:"We do not need more than 20 billion cash, any cash above that, Berkshire will pull out the elephant gun and blow it"

Last week, somebody twitted Berkshire is 80billion in cash, about 40%?

The value guys will NOT though those bonds since they are return free risk.
For equities, value guys will not buy either although the return could be driven much higher by speculators.
Time wise, coercive North Korea has lasted somany decades. Coercive central banks can last a longer until the confidence in paper is lost.

So everything is everything? I disagree with that type of post-modern subjective re-evaluation of all words to be so non-specific they lose all meaning. Economic stability is not crashes and inflation on the scale we've seen. It's slow, steady growth based on production of real goods, and creation of needed services. What we have is growth based on inflation, and number manipulation(see chartman's posts), i.e. a confidence game.

Now a stable economy is not immune to some crashes, or rapid spikes, but those tend to be short lived, and quickly corrected. Only when you allow the kind of sustained, long-term manipulation that a central bank can produce do you get these large, sharp spikes and dips.

Buffet said:" Every 10 year or so, there will be dark clouds showing up in the financial market and it will rain gold for a short period of time, and my job is to be prepared and capture as much gold as I could."

Buffet said in 2012/3:"We do not need more than 20 billion cash, any cash above that, Berkshire will pull out the elephant gun and blow it"

Last week, somebody twitted Berkshire is 80billion in cash, about 40%?